Apps have changed the way people shop, connect and even work. Some apps even change the way people bank. One of the leading options, PayPal, has 429 million users in America -- according to Zippia --...
PayPal Holdings Inc said on Tuesday it is planning to cut 7% of its workforce, or about 2,000 employees, the latest in a list of fintech firms to be hit by the economic slowdown. The payments firm also joins Big Tech firms and Wall Street titans, which are executing layoffs across corporate America as companies look to rein in costs to ride out the downturn. PayPal's move to keep a tight lid on costs comes against the backdrop of decades-high inflation hitting the purchasing power of consumers who also have to contend with the threat of a looming recession.
America's debt ceiling was reached - again - on January 19, 2023 as the country exceeded its $31.4 trillion spending cap. The cap was raised to that amount in December 2021. As much terms like "ceiling" and "cap" are used … Continue reading → The post Debit Limit Ceiling Crisis Could Hit Your 401(k), Social Security and Medicare appeared first on SmartAsset Blog.
U.S. President Joe Biden has promised to discuss Kyiv's requests for weapons to defend itself against Russian invasion with his Ukrainian counterpart Volodymyr Zelenskyy, AFP correspondent Sebastian Smith wrote on Twitter on Jan. 31.
Shares of Phillips 66 (NYSE: PSX) fell more than 5% by 12:30 p.m. ET on Tuesday. Weighing on the refining company's stock price were its lackluster fourth-quarter results. Adjusted pre-tax income from its chemicals segment declined from $135 million in the third quarter to $52 million in the fourth quarter.
Shares of hydrogen fuel cell star Plug Power (NASDAQ: PLUG) jumped 4.7% through 11:45 a.m. ET Tuesday morning after the company secured a long-term supply agreement with British hydrogen technologies company Johnson Matthey (LSE: JMAT). Under the terms of the agreement, Johnson Matthey will supply Plug with components for membrane electrode assemblies and specifically with "catalysts, membranes, and catalyst coated membranes (CCM)" -- essential parts for building fuel cells. Plug says that partnering with Johnson Matthey will "strengthen its supply chain and help meet the growing demand for fuel cells and electrolyzers."
Shares of C3.AI (NYSE: AI) surged Tuesday morning after the artificial intelligence-based software company announced the launch of its new C3 Generative AI Product suite, which includes C3 Generative AI for Enterprise Search. Generative AI describes a form of artificial intelligence that can be used to create content such as code, text, or images, like OpenAI's ChatGPT and DALL-E. C3.AI describes its Generative AI for Enterprise Search as "a transformative user experience using a natural language interface to rapidly locate, retrieve, and present all relevant data across the entire corpus of enterprise's information systems."
The iconic money manager with a penchant for aggressive growth aims to close out January with a bang.
In this article, we discuss 10 hot oil stocks to buy now. If you want to see more stocks in this selection, check out 5 Hot Oil Stocks To Buy Now. According to a Reuters poll on December 30, oil price gains in 2023 could remain capped amid threats to demand growth from a deteriorating […]
The bad news is Moderna's vaccine may not be able to replicate these levels in a post-pandemic environment. The good news is the vaccine still could lead to significant blockbuster revenue -- and that will support the development of Moderna's late-stage pipeline. As a result, Moderna could launch other potential blockbusters over the next few years.
"A promise to translate brilliant science to life-altering, life-changing therapies – not at some distant vanishing point in the future," the CEO told investors. "Patients can actually benefit from that science now."
Does Transocean (RIG) have what it takes to be a top stock pick for momentum investors? Let's find out.
General Motors (NYSE: GM) stepped on the accelerator, and Ford Motor Company (NYSE: F) is going along for the ride. Shares of Ford traded up as much as 5.3% on Tuesday after crosstown rival GM handily beat expectations. On Tuesday, it was news from General Motors that was giving Ford shares a push.
Yahoo Finance Live anchors discuss fourth-quarter earnings for Caterpillar.
(Bloomberg) -- A blank-check firm affiliated with Bernard Arnault, the world’s richest man, just reached a deal to take a potential challenger to No. 2 billionaire Elon Musk onto the public markets.Most Read from BloombergSony Slashes PlayStation VR2 Headset Output After Pre-Orders DisappointBrexit Is Costing the UK £100 Billion a Year in Lost OutputTrump Sues Journalist Bob Woodward for Releasing Interview RecordingsPutin’s War in Ukraine Pushes Ex-Soviet States Toward New AlliesWall Street Is
A risk-free interest rate is appealing, but these stocks provide even more passive income and potential upside.
Inflation made the headlines through most of last year, for all the worst reasons: it ran far too high, peaked above 9% in June, and the inflationary pressures pushed down hard on stock markets. The Fed jacked interest rates up their highest level in over a decade, risking recession to fight the rise in prices. Today, inflation is still in the headlines, although the tone has shifted. The annualized rate is trending downward; the December number came in at 6.5% year-over-year. While this is good
Yahoo Finance’s Anjalee Khemlani joins the Live show to discuss fourth-quarter earnings for Pfizer.
While stocks have rallied this past January, giving a good start to 2023, there’s no doubt that last year was decidedly bearish. A receding tide pulls back all boats, and that complicates the art of successful stock picking. The key to winning in a complicated environment like this is to find stocks that may be down – but are poised for a comeback. With this in mind, we've used the TipRank database to pinpoint two stocks that the analysts believe, in their words, are 'oversold' and are primed fo
In this article, we discuss 10 best February dividend stocks to buy. You can skip our detailed analysis of dividend investment and returns of dividend stocks over the years, and go directly to read 5 Best February Dividend Stocks To Buy. As stock valuations slumped to their lowest levels in 2022, dividend stocks’ performance remained […]